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Air Works eyes Rs 300 cr revenues next fiscal
Air Works India Engineering, an independent aircraft maintenance, repair and overhaul (MRO) company, is targeting revenues of Rs 300 crore during the next financial year. “We are likely to close the current fiscal with Rs 260 crore revenues, and expect to reach Rs 300 crore by the next financial year. The company has been growing at 20 per cent year-on-year, and we expect the same growth rate
Air Works India Engineering, an independent aircraft maintenance, repair and overhaul (MRO) company, is targeting revenues of Rs 300 crore during the next financial year. “We are likely to close the current fiscal with Rs 260 crore revenues, and expect to reach Rs 300 crore by the next financial year. The company has been growing at 20 per cent year-on-year, and we expect the same growth rate
ECBs may not add tailwind to airlines
In a bid to revive crisis-ridden airlines, the Budget proposed a Rs 4,000 crore equity infusion for Air India and permitted airline companies to raise capital through external commercial borrowings
In a bid to revive crisis-ridden airlines, the Budget proposed a Rs 4,000 crore equity infusion for Air India and permitted airline companies to raise capital through external commercial borrowings
Plane maker Embraer to expand its India presence
Embraer plans to expand its presence in India and become a major player in the business jets market by 2015, an official of the Brazilian plane maker said Thursday.
Embraer plans to expand its presence in India and become a major player in the business jets market by 2015, an official of the Brazilian plane maker said Thursday.
Burmans enter fray for Milestone Capital
The race for acquiring Milestone Capital, the private equity firm based here, is getting intense. The Burman brothers, Mohit and Gaurav, promoters of the Dabur group, have joined it by filing a bid.
The race for acquiring Milestone Capital, the private equity firm based here, is getting intense. The Burman brothers, Mohit and Gaurav, promoters of the Dabur group, have joined it by filing a bid.
Third party line maintenance of aircraft biz yet to gain traction
Air Works, an independent aircraft maintenance, repair and overhaul (MRO) company, may not be finding it a cakewalk in the Third Party Line Maintenance (TPLM) business as many airlines insist on
BIAL in pact with AirWorks for aircraft maintenance
The Bangalore International Airport Limited (BIAL), which operates the Bengaluru International Airport, today signed an agreement with AirWorks, an aviation ser-vices provider, to undertake third
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